About Walepay
Built so working capital never stops a sale.
Walepay Solutions was founded in 2021 by four Nigerian operators — two former retail-FMCG distributors and two payments engineers — who'd watched countless Nigerian retailers leave sales on the table simply because they couldn't afford to restock fast-moving inventory. We built a payment-first wholesale marketplace where the credit comes first: stock what sells, settle from the proceeds, and grow a credit line that grows your business.
How buy-now-pay-later works
Approved retailers stock inventory on flexible payment terms — typically a 30-day settlement window, extendable based on profile and history. You take the goods now and settle from the sales they generate. Credit limits start modest and scale with consistent repayment. We underwrite credit with partnered Nigerian banks; pricing is transparent, with no hidden fees buried in the terms.
How we vet suppliers
Every supplier on Walepay passes structured vetting — CAC documentation, manufacturer authorisation where applicable, sample-batch inspection, and reference checks. We say no to roughly half of supplier applications. The bar matters because the cost of a bad supplier is borne by the retailer who financed the stock, not the platform.
Who we serve
Nigerian retailers facing the working-capital squeeze — kiosk operators, neighbourhood shops, small supermarkets — who lose sales when they can't afford to restock. Restaurants and food-service businesses managing cash-flow timing. SME distributors scaling beyond their cash position. Plus the suppliers across our network: verified manufacturers reaching financed, reliable demand they wouldn't otherwise capture.